Asian Development Bank

Groups warn of 'social unrest' and 'violence'

On 01 Oct, 2014 By Elizabeth1

Picture: Fiu Mata'ese Elisara

Source: Samoa observer

The risk runs high that benefits will flow not to local communities, but to foreign investors and national elites, with short-term monetary gains to individuals vested with unfettered powers over our lands” – Chiefs tell A.D.B.

PNG to sell 49pc of Air Niugini

On 06 Sep, 2014 By Elizabeth1

Samoan Chiefs File Official Complaint To ADB

On 03 Sep, 2014 By Elizabeth1

Source: Samoa Observer

Objecting to reforms that could lead to alienation of customary lands

A group of village chiefs filed an official complaint to the Asian Development Bank (A.D.B) yesterday. And they are adamant that if their grievances are not adequately addressed by the Bank, they are prepared to take the matter all the way to the International Human Rights Court.

Academic calls for Pacific leaders to ease on development

On 02 Jun, 2014 By Elizabeth1

Picture source: Radio Australia online

Dr. Lati Lati, a Samoan academic lecturer in politics at the University of Otago, says there is a concerted effort in the Pacific to free up land for investment.

He elaborates that those efforts are encouraged by organizations like the World Bank and Asian Development Bank.

Samoa Chiefs fight for land

On 30 Dec, 2013 By rait man

Samoa Observer

PNG Investment in Australia hits US$1.2 billion

On 08 Aug, 2012 By Klaireh With 1 Comments

via PINA

Papua New Guinea’s investment in Australia reached US$1.2 billion, equal to 12.8% of gross domestic product (GDP) in 2010, according to Asian Development Bank country economist Aaron Batten.

This was 350% higher than the amount of money invested by Australian companies in PNG, he said.

IRC Exec Defends Tax Holidays

On 08 Aug, 2012 By Klaireh With 1 Comments

by Patrick Paniwa Sakal & Gynnie Kero

TAX concessions for mining, oil and gas were given under the tax law, a well-placed source in Internal Revenue Commission said.

Tax Holidays Worrisome

On 06 Aug, 2012 By Klaireh

By MALUM NALU

GENEROUS tax concessions given to mining and gas companies are contributing to low government revenue per capita, according to Asian Development Bank country economist Aaron Batten.

He said the average effective tax on PNG’s mining, oil and gas companies was now on the low side of fiscal regimes across the world

Economist Says No LNG Earnings Unitl 2023

On 14 Mar, 2012 By Klaireh

Source:

The National, Wednesday 14th March 2012

By MALUM NALU

JICA joins ADB in contradicting govt claims over PMIZ

On 22 Mar, 2011 By rait man

The Japanese International Cooperation Agency has joined the Asian Development Bank in denying it is involved in supporting the government's controversial Pacific Marine Industrial Zone (PMIZ) in Madang.

JICA’s public relations division has told ACT NOW! "JICA PNG Office has never been a party to this project both at the initial designing stage as well as construction”.

“If some one is using JICA then, someone is doing it for his own benefit without the consent of the JICA PNG Office.”

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